I-Remit Incorporated v Far East Express Remittance Ltd

I-Remit Incorporated v Far East Express Remittance Ltd

Feer failed to prove that the CD-Rom database was inaccurate or that there was manifest error in the expert accountant's determination; the expert's report is final and binding, and I-Remit is entitled to judgment for the sum claimed. Feer's counterclaims are dismissed for lack of evidence and credibility.

Parties
Claimant: I-Remit Incorporated; Defendant: Far East Express Remittance Ltd
Jurisdiction
England and Wales
Judgment Date
01 August 2006
Procedural Posture
Civil Commercial / Judgment After Full Trial
Outcome
Judgment for the Claimant; counterclaims dismissed.
Legal Topics
Expert Determination, Contractual Interpretation, Agency, Remittance Services, Evidence, Counterclaim

Case Brief

Summary, issues, holding and outcome

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Parties

I-Remit Incorporated

Claimant

Far East Express Remittance Ltd

Defendant

Procedural Posture

Civil Commercial / Judgment After Full Trial

  1. 1 Whether the expert accountant's determination is final and binding
  2. 2 Whether the CD-Rom database of transactions was accurate
  3. 3 Whether I-Remit breached its warranty as to the accuracy of the data

Ratio Decidendi

Feer failed to prove that the CD-Rom database was inaccurate or that there was manifest error in the expert accountant's determination; the expert's report is final and binding, and I-Remit is entitled to judgment for the sum claimed. Feer's counterclaims are dismissed for lack of evidence and credibility.

Court Disposition

Judgment for the Claimant; counterclaims dismissed.

Orders

  • Feer to pay I-Remit the sum of £379,462.52
  • Feer's counterclaims dismissed